Navig8 Chemical Tankers has revealed a hit to its earnings due to a fallout from the collapse of Singapore's Hin Leong Trading.
The company said its 37,600-dwt chemical and product tanker Navig8 Ametrine (built 2015), operated by Navig8 Group's Alta8 pool, delivered a cargo of light naphtha to the trader in Singapore in February 2020.
Hin Leong's funding for this cargo was provided by ING Bank in the Netherlands.
